NORMAL SITUATION

Smart I.T. Systems

Financial year 2022 · closed on 31/12/2022
Net result
408,4 k €
+5.6% YoY
Gross margin
1,9 M €
+34.9% YoY
Equity
1,7 M €
+32.5% YoY
Workforce
14,6 ETP
+15.0% YoY

Company — Normal situation.

What does Smart I.T. Systems do?

Smart I.T. Systems is a company registered in Belgium. It employs on average 14,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.763.210
Legal form
Private limited company
Contributed capital
18 750,00 €
Latest accounts
31/12/2022
Average workforce
14,6 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,9 M €1,4 M €897,4 k €887,4 k €592,8 k €562,5 k €556,5 k €621,6 k €534,8 k €634,8 k €612,8 k €696,2 k €553,1 k €560,2 k €599,9 k €417,2 k €
EBITDA675,8 k €615 k €382,5 k €410,9 k €-9,1 k €183,5 k €113,9 k €103,9 k €57,4 k €182 k €178,6 k €276,6 k €205,4 k €283,4 k €293,4 k €104,7 k €
Operating result572,7 k €541,8 k €341,3 k €298,7 k €181,1 k €-61,5 k €83,8 k €95,9 k €47,7 k €174,5 k €162,8 k €257,7 k €184,9 k €243,4 k €241,5 k €49,2 k €
Net result408,4 k €386,9 k €228,1 k €204,5 k €117,3 k €-69,7 k €10 k €440,7 €24,1 k €94,4 k €102,8 k €203,1 k €121,5 k €161,7 k €149,7 k €30,9 k €
Balance sheet
Equity1,7 M €1,3 M €710,5 k €482,4 k €588,4 k €471,1 k €540,8 k €530,8 k €530,3 k €630,7 k €536,4 k €673,5 k €458 k €389 k €289,6 k €168,3 k €
Total assets2,8 M €2,2 M €1,1 M €746,6 k €1 M €539 k €718 k €674,7 k €592,9 k €713,3 k €704,4 k €851,8 k €703,7 k €562,3 k €436,2 k €314,3 k €
Cash1,4 M €1,4 M €531,9 k €300 k €210,9 k €47,4 k €193,5 k €162,1 k €261,8 k €363,7 k €308,9 k €540,7 k €398,7 k €150,7 k €198,7 k €44,5 k €
Debts386,7 k €258,6 k €175,8 k €137,4 k €157,8 k €65,1 k €134,4 k €141,1 k €59,7 k €79,8 k €117,7 k €163,9 k €142,7 k €99,7 k €131,6 k €146 k €
Other
Workforce14,6 ETP12,7 ETP8,9 ETP7,4 ETP6,9 ETP5,2 ETP6,9 ETP7,7 ETP7,7 ETP7,4 ETP7,0 ETP6,8 ETP6,0 ETP5,3 ETP5,0 ETP6,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 6 ended

Active mandates

Emmanuel VANDERHAEGEN

Director · since 01 février 2023

Active
Clément VANTHOURNHOUT

Director · since 01 juillet 2020

Active
Frank SWAELENS

Director · since 01 juillet 2020

Active

Ended mandates

Philippe de GRAAF

Director · since 17 juin 2002 · until 01 juillet 2020

Ended
Philippe DE GRAAF

Manager · since 17 juin 2002

Ended
Dirk DE GREEF

Director · since 22 août 1995 · until 01 juillet 2020

Ended
Dirk DE GREEF

Manager · since 22 août 1995

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202318/07/202229/07/202127/05/202024/05/201928/05/2018
General meeting12/07/202313/07/202212/07/202118/05/202020/05/201922/05/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

27 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202212/07/202314/07/2023DutchPDF
Abridged model31/12/202113/07/202218/07/2022DutchPDF
Abridged model31/12/202012/07/202129/07/2021DutchPDF
Abridged model31/12/201918/05/202027/05/2020DutchPDF
Abridged model31/12/201820/05/201924/05/2019DutchPDF
Abridged model31/12/201722/05/201828/05/2018DutchPDF
Abridged model31/12/201615/05/201713/06/2017DutchPDF
Abridged model31/12/201517/05/201616/06/2016DutchPDF
Abridged model31/12/201418/05/201516/06/2015DutchPDF
Abridged model31/12/201319/05/201417/06/2014DutchPDF
Abridged model31/12/201221/05/201318/06/2013DutchPDF
Abridged model31/12/201121/05/201214/06/2012DutchPDF
Abridged model31/12/201016/05/201107/06/2011DutchPDF
Abridged model31/12/200917/05/201003/06/2010DutchPDF
Abridged model31/12/200818/05/200915/06/2009DutchPDF
Abridged model31/12/200722/05/200816/07/2008DutchPDF
Abridged model31/12/200601/07/200730/07/2007DutchPDF
Abridged model31/12/200525/09/200616/01/2007DutchPDF
Abridged model31/12/200430/06/200530/09/2005DutchPDF
Abridged model31/12/200315/09/200406/01/2005DutchPDF
Abridged model31/12/200215/08/200327/11/2003DutchPDF
Abridged model31/12/200117/06/200225/09/2002DutchPDF
Abridged model31/12/200015/06/200119/07/2001DutchPDF
Abridged model31/12/199915/06/200006/07/2000DutchPDF

View all 27 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 6 ended

Active mandates

Emmanuel VANDERHAEGEN

Director · since 01 février 2023

Active
Clément VANTHOURNHOUT

Director · since 01 juillet 2020

Active
Frank SWAELENS

Director · since 01 juillet 2020

Active

Ended mandates

Philippe de GRAAF

Director · since 17 juin 2002 · until 01 juillet 2020

Ended
Philippe DE GRAAF

Manager · since 17 juin 2002

Ended
Dirk DE GREEF

Director · since 22 août 1995 · until 01 juillet 2020

Ended
Dirk DE GREEF

Manager · since 22 août 1995

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution19/06/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/04/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates14/09/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022408,4 k €
  2. 2021
    Annual accounts 2021386,9 k €
  3. 2019
    Annual accounts 2019228,1 k €
  4. 2018
    Annual accounts 2018204,5 k €
  5. 2017
    Annual accounts 2017117,3 k €
  6. 2016
    Annual accounts 2016-69,7 k €
  7. 2015
    Annual accounts 201510 k €
  8. 2014
    Annual accounts 2014440,7 €
  9. 2013
    Annual accounts 201324,1 k €
  10. 2012
    Annual accounts 201294,4 k €
  11. 2011
    Annual accounts 2011102,8 k €
  12. 2010
    Annual accounts 2010203,1 k €
  13. 2009
    Annual accounts 2009121,5 k €
  14. 2008
    Annual accounts 2008161,7 k €
  15. 2007
    Annual accounts 2007149,7 k €
  16. 2006
    Annual accounts 200630,9 k €